The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million ...
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket ..
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To be effective, it must innovate, not regulate.
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency ...
The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly proposing a refund requirement for digital assets ...
The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing ...